Thursday, January 24, 2008

HK Great Wall at 20800 and 18600...

HEar no Evil, See no Evil and Wait no Evil! Dare your heart and buy when HSI drops to 20800, if this level broken, wait until below 19000, strong support at 18600!
Opinion is the cheapest commodity in the world, hear no evil!

Wednesday, January 16, 2008

Any Taker??

HSI has droped to a tit below 25,000 pts. Time to bottom fish! Not more than 20% of your potential portfolio.
Looks attractive to buy SINOPEC (0386.HK) at 200 days moving average. Fundamentally sound with technical rebound is imminent. Remember to take profit at HKD11.00!

**For those with brave heart only!**

Monday, January 14, 2008

Thursday, December 13, 2007

Be Patient, No Hurry !!!

The market has came down after 25 basis pts rate cut in US. The fact is "sell on news is always right" regardless the outcome of the FOMC meeting.

Market will consolidate for another 2 weeks with high posibilities of HSI re-test the previous low of 25861 level.
Bottom fish when the HSI below 26500. Watch out for China Railway(0390.HK) below8.20 , Sinopec(0386.HK) at about 10.30, and CNOOC(0883.HK) at about 12.20.
Patient and holding power are the key factors to survive in this type of market. Don't forget to do your own study!